Skip to main content

View Diary:  Chevron Amazon Disaster on 60 Minutes/UPDATE with clip (249 comments)

Comment Preferences

  •  Not above the law (2+ / 0-)
    Recommended by:
    bushondrugs, Taunter

    I dont think the issue here is that they are above the law . From all I've read, PetroEcuador should be jointly sued. They were the 60% partner in the JV with Texaco. Why is Chevron the only one named in the law suit?

    Texaco spent 40 million cleaning up and the Govt of Ecuador signed off on their clean up. now we have a lawsuit against the new owner, but none against the JV partner. How much did PetroEcuador spend in the cleanup? CBS did not give us a real take on this. I would prefer that the journalist interviwed Petro Ecuador as well.

    I just think it is a little unreasonable to sue only one partner in the joint Venture - both should go down for this crime!

    •  Image (0+ / 0-)

      That would ruin the image of the Big Evil Oil Company making a mess of the Poor Ecuadoreans.

      During the time of the joint venture Petroecuador made plenty of money, both legally as part of the JV agreement and illegally by overstating domestic demand (supplied at a discounted rate) and selling it on the global market.  After the joint venture ended, the government of Ecuador settled with Texaco and happily accepted Texaco's money.

      Then the folks who were shortchanged by an Ecuadorean government that historically did not care about them decided, rather than suing their own country, that it would be more profitable to sue Texaco.

      And 60 Minutes, never about to miss an opportunity to be outraged about something, decides it's more interesting to blame an American household name that left Ecuador seventeen years ago than Petroecuador.

      •  Sovereign immunity? Actual responsibility? (0+ / 0-)

        It may be substantially easier to sue a corporation than to sue a state-owned corporation.  Just guessing here.

        Also, it's almost certain that Texaco was the responsible party.  Texaco supplied the expertise, which is what was supposed to prevent environmental disasters.  This is the way most of these joint ventures work -- the big American oil company is supposed to supply the experts, the local company is supposed to provide access and unskilled labor.

        -5.63, -8.10. Learn about Duverger's Law.

        by neroden on Sun May 03, 2009 at 10:01:23 PM PDT

        [ Parent ]

        •  You got it (0+ / 0-)

          It is a lot easier.  The company has the money, and hey what's a deal when you can try to hit them again?  Why work out your problems internally when you can agree to point at the nasty outsiders?

Subscribe or Donate to support Daily Kos.

  • Recommended (130)
  • Community (55)
  • Memorial Day (31)
  • Culture (30)
  • Environment (26)
  • Republicans (21)
  • Civil Rights (20)
  • Rescued (18)
  • Media (18)
  • Bernie Sanders (17)
  • Science (17)
  • Education (17)
  • Elections (17)
  • Labor (17)
  • Law (16)
  • GOP (16)
  • Climate Change (15)
  • 2016 (15)
  • Marriage Equality (14)
  • Racism (14)
  • Click here for the mobile view of the site